IDU, UMDD: Big ETF Outflows
September 20, 2013 at 12:50 PM EDT
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the iShares US Utilities ETF (IDU), which shed 3.9 million shares, or a 30.4% decrease week over week. Among the largest underlying components of IDU, in morning trading today Duke Energy (DUK) is off about 1.2%, and Southern Company (SO) is lower by about 1.2%.